See below (from recent "Letter to Shareholders"):
"Mineral Extraction
Our core business has been the extraction of lithium and other precious metals from salt-water brines, which are the by-products of oil and gas production. The Ultrasonic Generator will help extract minerals from brine water and, as it is further developed, will produce opportunities with other projects in the Canadian mining industry that require a water treatment technology to be viable.
Technology Distribution
Central to the investment we made in the Ultrasonic Generator was the relationship we forged early on with Glottech International and now with Sonic Cavitation) to act as the Sales Agency or Distributor of this technology in Canada. Our distribution rights are exclusive in the mining industry throughout Canada and non-exclusive for all other industries. We believed in the technology and invested in this relationship, and expect the revenue stream from this part of the business will be significant.
Oilfield Waste Disposal
As we have been identifying the ideal way to vertically integrate our company, we began acquiring waste disposal facilities in Alberta. These facilities have the regulatory approvals, insurances, and facilities to process minerals for our mineral extraction business and can benefit operationally from utilizing certain applications of the Ultrasonic Generator which will result in increased efficiencies and profitability for all of our businesses. We also intend to use these facilities as a sales tool, showing the technology units operational in the field to prospective customers.
These three areas of business are independent but each tie into the Ultrasonic Generator development and deployment. They have been moving ahead at different paces over the past months and years, but finally, with the positive testing result in Houston, we can move aggressively forward on all three."
Hope this helps you in your DD.
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